Bank failure · KS
Shawnee Fed. S & L Assoc. (Topeka, KS) — failed March 2, 1989
Shawnee Fed. S & L Assoc. of Topeka, Kansas was closed on March 2, 1989 and resolved through a purchase and assumption. Bank IV Topeka, NA (KS) took over its insured deposits. At failure it held $221.1M in assets and $196.6M in deposits. The FDIC's estimated loss on the failure is $6K (0.0% of assets).
- Closing date
- March 2, 1989
- FDIC certificate #
- 28850
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Bank IV Topeka, NA
- Insurance fund
- RTC
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